Instructions For Form Pra-114 - Premier Resort Area Tax Return Page 2
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2INSTRUCTIONS FOR LINES 1 THROUGH 9
Lines 1a - 4a. Enter the amount of taxable receipts from
If your total state, county, stadium, and premier resort
the retail sale or rental of tangible personal property or
area tax for the reporting period is equal to or greater than
taxable services in the appropriate premier resort area.
$2,000, multiply the amount on line 5 times .005. This
The types of tangible personal property and services that
is your allowable retailer’s discount for purposes of the
are subject to the 5% Wisconsin state sales tax are also
premier resort area tax.
subject to the premier resort area tax. The premier resort
If your total state, county, stadium, and premier resort
area tax may not be imposed on any types of property or
area tax for the reporting period is more than $10 but less
services that are not subject to the state sales tax.
than $2,000, your retailer’s discount for purposes of the
If property or services are exempt from state sales tax, they
premier resort area tax is zero (0). You would have already
are also exempt from the premier resort area tax.
claimed your allowable $10 retailer’s discount on your
Form ST-12.
Note: Publication 403, Premier Resort Area Tax, should be
used to obtain information on who and what is subject to
If your total state, county, stadium, and premier resort area
the tax. You should have previously received this publica-
tax for the reporting period is equal to or less than $10, your
tion. Contact the Wisconsin Department of Revenue, PO
retailer’s discount is equal to the tax shown on line 5.
Box 8949, Madison WI 53708-8949 or call 608-266-2776
The retailer’s discount is only allowed on timely reported
if you need this publication.
and paid taxes. A mailed return is considered timely filed
and the tax timely paid only when all of the following
Lines 1b - 4b. Calculate the appropriate amount of the
conditions are met: it is mailed in a properly addressed
tax by multiplying the taxable sales by either .005 or .01
envelope with the postage duly prepaid; the envelope is
based on the resort area.
postmarked on or before the due date; and it is received
by the department within 5 days of the due date.
Line 5. Total premier resort tax: Add the amounts
entered on lines 1b - 4b. Enter the result on line 5.
Line 7. Net premier resort tax: Subtract line 6 from
line 5 and enter the result on line 7.
Line 6. Retailer’s discount: For reporting and collecting
state, county, stadium, and premier resort area taxes,
Line 8. Interest and penalty: If you do not file a return
retailers may deduct the greater of 0.5% of the taxes pay-
on time, you are subject to interest at the rate of 1.5% per
able or $10 for the reporting period, but not more than
month on the tax on line 7 from the due date to the date
the taxes payable. To determine the amount of retailer’s
the return is filed. Include this amount on line 8.
discount that may be claimed, you should complete your
state, county and stadium sales and use tax return prior to
In addition, late returns may be subject to (1) a $20 late
completing your premier resort area tax return.
filing fee, and (2) a negligence penalty of 5% per month,
up to a maximum of 25%, of the tax on line 7. These
Note: If you are a monthly filer for state sales and use
penalties may be waived in the case of death of the person
tax purposes, but a quarterly filer for purposes of the
required to file the return, or if another reasonable expla-
premier resort area tax, add the state, county, and stadium
nation exists for the late filing. You will be notified if an
tax computed on timely filed monthly returns that cover
additional amount is due.
the same reporting period as the premier resort area tax
return.
Line 9. Total Due: Add the amounts on lines 7 and 8
The following worksheet will assist you in determining the
and enter the total on line 9. This is the amount you owe.
retailer’s discount you may claim on your Premier Resort
CAUTION: DO NOT reduce the amount due on this line
Area Tax Return:
by any refund or credit from prior period returns.
Payment of the amount due may be made by check or
a) State, County and Stadium Sales
money order payable to the Wisconsin Department of
Tax on timely filed return(s)
Revenue. Write your tax account number on your check or
(from Form ST-12, line 17)
______________
money order and be sure to enclose it with your completed
b) Premier Resort Area Tax
Premier Resort Area Tax Return.
(from line 5)
+ ______________
c) Total State, County, Stadium,
Sign and date your return. Be sure to sign and date your
and Premier Resort Area Tax
= ______________
return in the area provided near the bottom of the return.
Phone number. Enter the telephone number where you
can be reached during the day.
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